DeFiChain Blog

Crypto Factor is the ultimate launchpad for aspiring crypto entrepreneurs.  By offering a comprehensive suite of tools and resources, it demystifies the process of bringing a blockchain project to life.  The Power of Decentralized Entity Execution Central to Crypto Factor's offering is the concept of Decentralized Entity Execution (DEE). This allows users to run decentralized applications on a distributed infrastructure.  It's similar to creating a decentralized private company, complete with all the necessary components for operating in the digital realm. DEE configurations include tools for running a digital business, such as tokens, vesting, staking, asset-backing, and DEX insertion.  This allows new projects to hit the ground running with a full suite of financial instruments at their disposal. Infrastructure as a Service: A New Paradigm Crypto Factor is positioning itself as an aggregator of Web3 on-chain infrastructure services by integrating such services into...

MicroStrategy recently announced a major change for its shareholders — a 10-for-1 stock split set to occur on August 7, 2024.  This event will have notable repercussions for traditional market investors as well as those engaged with decentralized finance (DeFi) platforms, particularly DeFiChain, where dMSTR tokens can be traded and invested into various products. What Traditional Investors Need to Know For traditional investors, the stock split means that for every share of MicroStrategy (MSTR) owned, they will receive ten shares post-split. This split is scheduled to take place at the close of the market on August 7, 2024, at 4:00 PM ET (August 8, 2024, 4:00 AM SGT). Trading will resume at the new split-adjusted price when the market opens on August 8, 2024, at 9:30 AM ET (August 8, 2024, 9:30 PM SGT). This adjustment aims to make MSTR shares more accessible to a broader range of investors by lowering the per-share price without affecting the company's overall market capitalizatio...

The DeFiChain community is filled with talented builders constantly advancing the ecosystem's capabilities.  Today we're spotlighting DEX Trading Live - an educational initiative aimed at promoting decentralized trading. DEX Trading Live is one of the most comprehensive learning resource for trading on DeFiChain’s decentralized exchange (DEX).  We recently sat down with the founders to learn about their achievements since our last spotlight. Promoting Decentralized Trading on DeFiChain DEX Trading Live is a community initiative founded on the principles of decentralized finance and empowering traders through education.  Its mission is to drive adoption of the DeFiChain DEX as a platform by creating a community of knowledgeable traders who take advantage of the DEX for trading dTokens.  Through educational initiatives and an engaging social media presence, the project seeks to find more traders to explore the possibilities of the DeFiChain DEX. By creating a collabora...

The DeFiChain Labs team recently held their monthly Tech Sync, offering valuable insights into ongoing projects and upcoming network enhancements.  Here’s a summary of the updates: September Network Upgrade Window After a slight delay from the initially planned June window, the team has set its sights on a September network upgrade. This extended timeline allows for thorough testing and implementation of critical features: Calculated Owner Awards: This long-awaited feature is ready for implementation, promising to streamline reward distribution within the ecosystem. Faster Block Time: In a thoughtful approach to network scalability, the team has parameterized block time adjustments. This allows for gradual speed increases based on infrastructure performance, ensuring stability as the network grows. UTXO Staking Rewards: Another significant update slated for the September window, enhancing the staking mechanism on DeFiChain. The team emphasized that the window for additional impleme...

The dToken system is a cornerstone of the DeFiChain ecosystem, but its stability and usefulness have come under scrutiny in recent times. Community efforts to save the dToken system have led to the proposal of three Decentralized Financial Improvement Proposals (DFIPs), each aiming to revitalize and fortify the system. Among these, one DFIP stands out, promising a comprehensive overhaul of the dToken system. This blog post delves into this pivotal DFIP, exploring its novel approach and the community's expectations. How Is This DFIP Different From Previous Ones? The new DFIP takes a bold departure from previous attempts. Earlier proposals focused on incentivizing market participants, hoping to steer their behavior in a favorable direction.  However, such measures have proven insufficient, as market behavior remains unpredictable despite incentives. The failure to boost demand sufficiently to match the algorithmic supply has led to systemic inefficiencies. The current system's re...

MarbleFi is a premier liquid staking solution on DeFiChain, built by Birthday Research and designed to simplify staking while maximizing yield and capital efficiency. Here’s everything you need to know about MarbleFi and how to make the most of its features. What is MarbleFi? MarbleFi is a liquid staking solution that allows users to stake their DFI tokens without the complexities typically associated with managing masternodes. By depositing DFI into MarbleFi’s smart contract, users contribute to the blockchain's security and, in return, receive mDFI, a liquid staking derivative. This derivative can be utilized across various decentralized finance (DeFi) platforms, providing liquidity, earning trading fees, and enabling borrowing and lending. How MarbleFi Works Deposit and Staking: Users deposit their DFI tokens into MarbleFi’s smart contract. This deposit automatically stakes the tokens in masternodes, contributing to the security and integrity of the DeFiChain blockchain. Automat...

The world of cryptocurrency is constantly evolving, bringing forth innovative tools and methods to enhance user experience and maximize investment potential. One such revolutionary tool is liquid staking, which allows users to access the value of their staked tokens for other purposes without sacrificing staking rewards. What is Liquid Staking and How Does it Work? Liquid staking provides a solution for those seeking the benefits of staking without losing access to their assets. Unlike traditional staking, which locks up tokens until they are unstaked, liquid staking enables users to retain access to their staked assets' value. This flexibility opens up a plethora of opportunities in decentralized finance (DeFi) and other web3 protocols, allowing for more dynamic and strategic asset management. The Basics: Understanding Staking Before delving into liquid staking, it’s important to grasp the concept of staking itself. Staking involves validators locking up the native tokens of a Pro...